Keggler's Supply is a merchandiser of three different products. Beginning inventories for March are footwear, 21,000 units: sports gear, 79,500 units; and apparel, 49,500 units. Management believes each of these inventories is too high and begins a new policy that ending inventory in any month should equal 31% of the budgeted sales units for the following month. Budgeted sales units for March, April, May, and June follow. Footwear Sports gear Apparel Budgeted sales in Units March April May June 15,500 24,500 30,500 35,000 71,500 88,000 95,500 90,500 42,000 38,000 34,000 24,000 Required: 1. Prepare a merchandise purchases budget (in units only for each product for each of the months of March April, and May KEGGLER'S SUPPLY Merchandise Purchases Budget March April May 24,500 30,500 35,000 FOOTWEAR Budgeted sales unit Add: Desired ending inventory Next period budgeted sales units Ratio of ending inventory to future sales 15,500 24,500 30,500 0 Total required units 24,500 30,500 35,000 Units to purchase SPORTS GEAR Add: Desired ending inventory Next period budgeted sales units Ratio of ending inventory to future sales Total required units Units to purchase APPAREL Add: Desired ending inventory Next period budgeted sales units Ratio of ending inventory to future sales Total required units Units to purchase